revenue decline News

Burberry Announces Major Global Restructuring: 1,700 Jobs to Be Cut Amid Revenue Decline

Burberry plans to eliminate 1,700 jobs globally, 18% of its workforce, aiming to save £60 million over two years amid revenue decline. The cuts are part of cost-saving measures inc...

Daimler Truck Faces 6% Revenue Drop in Q1 2025 Amid Economic Uncertainties

Daimler Truck's Q1 2025 revenue fell by 6% to €12.4 billion, with net profit and sales also declining. CFO Eva Scherer emphasizes resilience and strategic focus amid economic uncer...

Paramount Faces 6% Revenue Drop in Q1: A Deep Dive into the $7.1 Billion Challenge

Paramount reports a 6% revenue decline in Q1, amounting to $7.1 billion. Analysts and investors are eagerly awaiting further details to understand the impact and future strategies.

Warner Bros. Discovery Reports a 10% Drop in Q2 Revenue, Totaling $9 Billion

Warner Bros. Discovery Inc. announced a 10% year-on-year revenue decline to $9 billion in Q2 of fiscal 2025, with further details pending.

Paytm's Q4 Financial Turnaround: Losses Narrow to Rs 545 Crore Amid Revenue Challenges

Paytm's parent company, One97 Communications, reported a reduced loss of Rs 545 crore in Q4 FY25, with operational improvements and cost reductions. Despite a revenue decline, the ...

Coca-Cola Reports a 2% Revenue Dip to $11.1B in Q1 2025 Amidst Global Market Challenges

Coca-Cola's Q1 2025 financial results show a 2% revenue decline to $11.1 billion, with a 6% increase in organic revenues. EPS grew by 5% to $0.77, and operating income soared by 71...

American Airlines Reports Slight Revenue Dip to $12.6B in Q1 2024 Amid Economic Uncertainties

American Airlines reports a 0.2% revenue decline to $12.6B in Q1 2024, with a net loss of $473M. The airline withdraws full-year guidance due to economic uncertainties, but CEO exp...

American Airlines Reports Slight Revenue Dip to $12.6B in Q1 2024 Amid Economic Uncertainties

American Airlines reports a 0.2% revenue drop to $12.6B in Q1 2024, with a net loss of $473M. The airline withdraws full-year guidance due to economic uncertainties, while CEO rema...

American Airlines Reports Slight Revenue Dip in Q1 2024 Amidst Economic Uncertainty

American Airlines reports a 0.2% revenue decline to $12.6 billion in Q1 2024, with a net loss of $473 million. The company withdraws full-year guidance amidst economic uncertainty,...

American Airlines Reports Slight Q1 Revenue Dip to $12.6B Amid Wider Net Loss

American Airlines reports a 0.2% drop in Q1 2024 revenue to $12.6 billion, with a net loss widening to $473 million. The airline withdraws full-year guidance amid uncertain economi...

American Airlines Reports Slight Revenue Dip to $12.6B in Q1 2024 Amid Economic Uncertainties

American Airlines reported a 0.2% revenue decline to $12.6 billion in Q1 2024, with a net loss of $473 million. The airline withdraws full-year guidance amid economic uncertainties...

American Airlines Reports Slight Revenue Dip to $12.6B in Q1 2024 Amid Economic Uncertainties

American Airlines reports a slight revenue dip to $12.6 billion in Q1 2024, with a net loss of $473 million. The airline withdraws full-year guidance amid economic uncertainties, a...

American Airlines Reports Slight Revenue Dip to $12.6B in Q1 2024 Amid Economic Uncertainty

American Airlines Inc. reports a slight revenue decrease to $12.6 billion in Q1 2024, with a net loss of $473 million. The airline withdraws full-year guidance amid economic uncert...

Kering's Stock Dives 6% Amidst Unexpected First Quarter Revenue Drop in 2025

Kering SA's stock plummeted 6% after reporting lower-than-expected Q1 2025 earnings, with a 14% revenue drop and a significant 25% decrease in Gucci's sales.

Kering Faces a Challenging Q1 with a 14% Revenue Drop to €3.88 Billion Amid Global Luxury Market Slowdown

Kering SA reports a 14% drop in Q1 revenue to €3.88 billion, with retail sales down 16%. Asia-Pacific saw a 25% demand decrease, while Kering Eyewear & Corporate and Bottega Veneta...

Blackstone's Q1 Earnings Dip 10.8% Amid Market Turbulence, Yet Attracts Record $62B Inflows

Blackstone Inc. faces a 10.8% revenue drop in Q1 2025 but achieves a record $62 billion in inflows, showcasing strong investor trust and diversified strategy success amidst market ...

LVMH Reports a 2% Revenue Dip to €20.3 Billion in Q1 Amid Mixed Regional Performances

LVMH reports a 2% revenue decline to €20.3 billion in Q1, with fashion and leather goods leading earnings but wines and spirits facing a sharp drop. Europe shows growth, while othe...

Trump's Tariffs Threaten EU Corporate Sectors: Fitch Warns of Revenue and Profitability Decline

Fitch Ratings reports that Trump administration tariffs could weaken EU corporate sectors' revenue and profitability, with chemicals, automotive, and hardware hardest hit. EU firms...

Nike's Market Cap Dips Below $100 Billion Amid 9% Stock Decline

Nike Inc. faces a significant market challenge as its stock falls 9%, causing its market value to drop below $100 billion. Despite beating third-quarter earnings expectations, the ...

McDonald's Q4 Earnings Report: A Slight Dip in Revenue to $6.39 Billion Sparks Interest

McDonald's Q4 fiscal 2024 report shows a 0.2% revenue decline to $6.39 billion, missing forecasts. Despite a 1% net income drop to $2 billion, EPS held steady at $2.80. Annual reve...

Boeing's $11.8 Billion Annual Loss Marks Its Largest Deficit Since 2020

Boeing Co. faces its largest annual net loss since 2020, with a $11.8 billion deficit for 2024, driven by labor disputes, defense program charges, and operational inefficiencies. C...

Paytm's Q3 Financials Revealed: A Deep Dive into the Rs 208 Crore Loss and Revenue Drop

One97 Communications, Paytm's parent company, reported a Rs 208.5 crore loss in Q3 2024, showing a slight improvement from last year. Revenue declined by 35.8% year-on-year, but th...